Royal Harbor Partners LLC Purchases Shares of 421,991 Capital Group Growth ETF (NYSEARCA:CGGR)

Royal Harbor Partners LLC bought a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 421,991 shares of the company’s stock, valued at approximately $15,685,000. Capital Group Growth ETF comprises 5.9% of Royal Harbor Partners LLC’s investment portfolio, making the stock its 6th largest position.

Other large investors also recently made changes to their positions in the company. Cassady Schiller Wealth Management LLC acquired a new position in Capital Group Growth ETF in the third quarter valued at about $25,000. Oakworth Capital Inc. acquired a new position in Capital Group Growth ETF in the fourth quarter valued at about $33,000. Whipplewood Advisors LLC acquired a new position in Capital Group Growth ETF in the fourth quarter valued at about $33,000. Archer Investment Corp lifted its stake in Capital Group Growth ETF by 430.1% in the fourth quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after buying an additional 1,071 shares during the period. Finally, WFA of San Diego LLC acquired a new position in Capital Group Growth ETF in the third quarter valued at about $70,000.

Capital Group Growth ETF Trading Up 1.9 %

NYSEARCA:CGGR opened at $36.70 on Thursday. Capital Group Growth ETF has a 1-year low of $29.70 and a 1-year high of $39.96. The business’s 50-day moving average price is $38.43 and its two-hundred day moving average price is $36.62. The firm has a market capitalization of $10.36 billion, a price-to-earnings ratio of 29.74 and a beta of 1.16.

Capital Group Growth ETF Company Profile

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.